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A Look at Gold Trading for Beginners: Gold continues to rise in price and increase in demand, which may underscore the potential strength of gold trading and the importance of investing in it.
Gold and because it is precious metals that exist in the ground and therefore acquire its value as a precious metal and does not exist easily and cost a lot in the extraction and discovery and purification, and since ancient times know that the supply of it has always been the size of demand and therefore was gaining its value.
Because the size of its new discoveries is decreasing over time, and hence the size of the demand is not matched with the size of the supply, the global gold trade market sometimes retreats and some observers believe that the global gold market is on its way to the end and this type of thinking has been repeated more than once in the past decade. Gold continues to rise in price and increase in demand. This confirms the size of gold's potential in the foreseeable and long term, and makes us also think carefully about investing in it and how true it is in the calculations of gain and loss.
Gold and because it is precious metals that exist in the ground and therefore acquire its value as a precious metal and does not exist easily and cost a lot in the extraction and discovery and purification, and since ancient times know that the supply of it has always been the size of demand and therefore was gaining its value.
Because the size of its new discoveries is decreasing over time, and hence the size of the demand is not matched with the size of the supply, the global gold trade market sometimes retreats and some observers believe that the global gold market is on its way to the end and this type of thinking has been repeated more than once in the past decade. Gold continues to rise in price and increase in demand. This confirms the size of gold's potential in the foreseeable and long term, and makes us also think carefully about investing in it and how true it is in the calculations of gain and loss.
Charts and Gold Trading When you watch some charts showing data for the global gold market indicators, you notice that the gold trade may actually have fallen relatively recently from what it was five years ago and declined further if compared to the same situation in 2000. But we note that Gold declined at 38.2% Fibonacci only after the sharp surge in 2006, and when we consider the existence of a rather intense sell-off, when we look at the monthly chart we conclude that it is at most a slight decline of the gold market.
When we look more, we will see that there is an improvement on the market away from the $ 1400 area and form on the hammer shape platforms in the monthly time frame, which is a support block may be the reason for the retention of gold at a high price, Currency War When we watch data from central banks in a number of big countries such as the United States, the European Group, Britain, Australia and Japan, and note the continuous printing of currencies will understand the process of gold trade steps, and we will note that we are in the process of currency war.
Here, for example, the Japanese central bank is seeking to weaken the value of the yen, "the Japanese currency", while you will find a flexible and loose monetary policy by the US Federal Reserve, which hurt the US dollar, and follow the Bank of England this month of new financial policies, where Mark Carney promised that the trend would be more financial facilitation and flexibility, as well as the EU, while the Swiss seek to devalue the Swiss franc.
The future of gold trading When you finish monitoring and following up what we have said about the major central banks, you will conclude that the gold trade will not continue to rise in the foreseeable future and the long term is certain, but it is certain that in the foreseeable future trade will continue from the best types of trade that can be invested, The US, to which it is so far linked, may not be the best currency to trade against, but remains the most common and most important currency yet. Gold for the JPY is expected to perform well in the coming period.
When we look more, we will see that there is an improvement on the market away from the $ 1400 area and form on the hammer shape platforms in the monthly time frame, which is a support block may be the reason for the retention of gold at a high price, Currency War When we watch data from central banks in a number of big countries such as the United States, the European Group, Britain, Australia and Japan, and note the continuous printing of currencies will understand the process of gold trade steps, and we will note that we are in the process of currency war.
Here, for example, the Japanese central bank is seeking to weaken the value of the yen, "the Japanese currency", while you will find a flexible and loose monetary policy by the US Federal Reserve, which hurt the US dollar, and follow the Bank of England this month of new financial policies, where Mark Carney promised that the trend would be more financial facilitation and flexibility, as well as the EU, while the Swiss seek to devalue the Swiss franc.
The future of gold trading When you finish monitoring and following up what we have said about the major central banks, you will conclude that the gold trade will not continue to rise in the foreseeable future and the long term is certain, but it is certain that in the foreseeable future trade will continue from the best types of trade that can be invested, The US, to which it is so far linked, may not be the best currency to trade against, but remains the most common and most important currency yet. Gold for the JPY is expected to perform well in the coming period.
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